Polish President Karol Nawrocki has once more vetoed the government's proposed Crypto Asset Market Bill, which aimed to implement the EU's MiCA regulatory framework domestically. Nawrocki criticized the bill for being nearly identical to its previous version, with only a reduction in the regulatory fee cap from 0.4% to 0.1%. He cited issues of being "excessive, vague, and disproportionate." The bill sought to grant the Polish Financial Supervision Authority (KNF) enhanced powers, including the ability to suspend or prohibit public offerings and trading of crypto assets, establish a registry of suspicious domains, and impose fines up to 10 million zlotys for severe violations.
Polish President Vetoes Crypto Asset Market Bill Again
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